T gamma max, delta neutral & open interest levels
As of close · rank #92 by open interest · 1,379 sessions of history since Dec 1, 2020
T closed 4.7% below its gamma max of 27.30. It is 5.0% above the delta neutral price of 24.75. Total open interest is 1,114,133, -4.0% versus the previous session. What gamma max means · What delta neutral means
One-year history
Last 252 sessions
| Sessions closed above gamma max | 2% |
| Gamma max crosses | 8 |
| Delta neutral crosses | 24 |
| Open interest percentile (1y) | 69th |
| Open interest change, 5 sessions | -0.8% |
| Open interest change, 21 sessions | -6.7% |
| History available | Dec 1, 2020 → Sep 11, 2026 |
Recent crosses
- closed below gamma max at 25.31 vs 25.92 (-2.4%)
- closed above gamma max at 25.14 vs 25.07 (+0.2%)
- closed below gamma max at 23.94 vs 24.62 (-2.8%)
- closed above gamma max at 24.41 vs 24.27 (+0.6%)
- closed above delta neutral at 23.04 vs 22.37 (+2.9%)
- closed below delta neutral at 21.80 vs 22.47 (-3.1%)
- closed above delta neutral at 21.99 vs 21.81 (+0.8%)
- closed below gamma max at 21.14 vs 26.40 (-24.9%)
- closed above gamma max at 21.02 vs 21.00 (+0.1%)
- closed below delta neutral at 25.02 vs 25.21 (-0.8%)
In today's screens
Neighbours by open interest
Questions people ask about T
Where is T's gamma max today?
As of Sep 11, 2026, the gamma max for T is 27.30, +4.7% from the 26.06 close. Gamma max is the underlying price at which the summed gamma of every open contract is largest; how it is computed and why it matters.
Is T above or below its delta neutral price?
T closed above delta neutral: 26.06 against a delta neutral price of 24.75. The delta neutral price is where the summed delta of the whole chain is zero; the definition.
How much open interest does T have?
1,114,133 contracts of open interest across 464 listed contracts on Sep 11, 2026, -4.0% versus the previous session. What open interest measures.
Levels are recomputed after every trading day from end-of-day options data licensed from HistoricalOptionData.com; only derived aggregates are published. Methodology · Data and licence · Not investment advice.